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| Provider | Service type | Compensation |
|---|---|---|
SUMMIT EQUITIES, INC.2+ years Service code 26 · EIN 22-2387914 | Advisory (Participants) | $292,846 |
Filed as: AMERITAS Service code 12 · EIN 47-0098400 | Contract Administrator; Other service... | $242,842 |
LPL FINANCIAL2+ years Filed as: LPL FINANCIAL- ANDY LUBASH Service code 26 · EIN 04-3046611 | Advisory (Participants) | $205,285 |
ROLAND CRISS FIDUCIARY SERVICES2+ years Filed as: ROLAND CRISS Service code 12 · EIN 75-2866255 | Plan Administrator; Participant loan ... | $33,000 |
MATRIX TRUST COMPANY2+ years Service code 19 · EIN 75-3182674 | Securities Custodian | $18,571 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $81,180 | $45,000+80.4% | $143,801-43.5% | $77,906+4.2% |
| Participation rate | 91.1% | 66.8%+24.3pp | 80.3%+10.8pp | 73.7%+17.4pp |
| Annual return | -8.08% | 29.03%-37.1pp | -0.04%-8.0pp | 12.16%-20.2pp |
| Employer contribution / active EE | $2,793 | $1,870+49.4% | $4,952-43.6% | $2,846-1.9% |
| Participant deferral / active EE | $5,016 | $3,157+58.9% | $5,639-11.0% | $4,805+4.4% |
| Admin fee / account holder | $422 | $98+329.0% | $14,680-97.1% | $133+218.5% |